Maj Invest (Denmark) Price on May 4, 2023
| MAJVAA Fund | DKK 178.80 0.22 0.12% |
If you're considering investing in Maj Fund, it is important to understand the factors that can impact its price. As of today, the current price of Maj Invest stands at 178.80, as last reported on the 17th of May 2024, with the highest price reaching 179.00 and the lowest price hitting 178.75 during the day. We consider Maj Invest very steady. Maj Invest Value has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Maj Invest, which you can use to evaluate the volatility of the fund. Please verify Maj Invest's Downside Deviation of 0.6425, risk adjusted performance of 0.1139, and Mean Deviation of 0.4465 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Maj Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Maj |
Sharpe Ratio = 0.1705
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| Cash | MAJVAA | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Maj Invest is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Maj Invest by adding it to a well-diversified portfolio.
Maj Invest Valuation on May 4, 2023
It is possible to determine the worth of Maj Invest on a given historical date. On May 4, 2023 Maj was worth 136.01 at the beginning of the trading date compared to the closed value of 136.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maj Invest fund. Still, in general, we apply an absolute valuation method to find Maj Invest's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Maj Invest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maj Invest's related companies.
| Open | High | Low | Close | Volume | |
| 137.52 | 137.52 | 137.52 | 137.52 | 18,330 | |
05/04/2023 | 136.01 | 136.01 | 136.01 | 136.01 | 34,587 |
| 137.96 | 137.96 | 137.96 | 137.96 | 44,092 |
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Maj Invest Trading Date Momentum on May 4, 2023
| On May 08 2023 Maj Invest Value was traded for 137.96 at the closing time. The highest price during the trading period was 137.96 and the lowest recorded bid was listed for 137.96 . The volume for the day was 44.1 K. This history from May 8, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.43% . The trading delta at closing time to the current price is 1.93% . |
About Maj Invest Fund history
Maj Invest investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Maj is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maj Invest Value will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Maj Invest stock prices may prove useful in developing a viable investing in Maj Invest
Maj Invest Fund Technical Analysis
Maj Invest technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Maj Invest Period Price Range
Low | May 4, 2023
| High |
136.01 | 136.01 |
Maj Invest May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Maj Invest fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maj Invest shares will generate the highest return on investment. By undertsting and applying Maj Invest fund market strength indicators, traders can identify Maj Invest Value entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 136.01 | |||
| Day Typical Price | 136.01 | |||
| Period Momentum Indicator | 42.79 |
Maj Invest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maj Invest's price direction in advance. Along with the technical and fundamental analysis of Maj Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maj to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1139 | |||
| Jensen Alpha | 0.1188 | |||
| Total Risk Alpha | 0.0057 | |||
| Sortino Ratio | 0.0263 | |||
| Treynor Ratio | (3.71) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maj Invest Value. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Maj Invest Value information on this page should be used as a complementary analysis to other Maj Invest's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, there is a significant difference between Maj Invest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Maj Invest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maj Invest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.